New highs for cryptocurrencies Ethereum and Litecoin prices peaked at new highs as public interest in cryptocurrencies continues to soar. These digital coins joined Bitcoin’s surge towards $19,000 in the recent strong trends. Ethereum hit $623 this week. It’s up by a massive 384% since the beginning of the year. The uptrend is impressive, but it’s still far from the all-time high of $1500 in January 2018. Ethereum is the world’s… Source link

Reuters/Lucas Jackson Bitcoin fell over 10% on Thursday as cryptocurrency traders cashed in on their Bitcoin holdings that have gained 20% in value this month alone.  The digital token looked set to hit a record high of $20,000 this week. After such a swift rally, traders said a number of large investors booked profits on their holdings — many of which may have been moved to exchanges to secure a better price. “It feels more and more like we’re hitting a Bitcoin tipping point,” a… Source link

Bitcoin (BTC) dropped $1,000 in minutes on Nov. 26 as a long-awaited pullback hit the market at close to $19,500. BTC price hits $17,250 lows Data from Cointelegraph Markets and TradingView showed BTC/USD experiencing major volatility overnight on Wednesday. After nearly hitting $19,500 during the day’s trading, after-hours saw a period of bearish indecision that ended in a sharp sell-off. Bitcoin then bounced at $17,250, capping daily losses of around 5%. BTC/USD 1-hour chart. Source:… Source link

Bitcoin and other digital currencies plunged Thursday, a slide likely to stoke speculation about the durability of the boom in cryptocurrencies. Bitcoin slumped as much as 8.7%, the most since early August, while digital coins like Ether also tumbled. Analysts said that profit-taking after the recent rally, and speculation about tighter regulations, were… Source link

Ethereum Ethereum slid by 6.06% on Wednesday. Following on from a 0.63% decline on Tuesday, Ethereum ended the day at $568.79. A mixed start to the day saw Ethereum fall from an intraday high $606.49 to a mid-morning low $579.35 before finding support. Ethereum fell through the first major support level at $588.83 before a move back through to $600 levels by late morning. Falling short of the first major resistance level at $622.6, however, Ethereum slid to a late intraday low $554.00. Ethereum… Source link

Bitcoin is back in the limelight after almost three years out in the cold, brushing up against its all-time high of around $20,000 per bitcoin this week. The bitcoin price has risen nearly three-fold since the beginning of 2020, pushed on by unprecedented central bank money printing that’s highlighted its fixed limit and fresh interest from Wall Street and big-name investors. Now, after payments giant PayPal PYPL revealed it would begin to support bitcoin buying and spending… Source link

Ethereum has soared in recent weeks, adding 40% to its price over the last month. The ethereum price passed $500 per ether token last week for the first time since June 2018—riding bitcoin’s coat tails as the biggest cryptocurrency rockets toward its all-time highs. As ethereum developers gear up for the launch of ethereum 2.0, now confirmed for December 1, traders and investors are feeling bullish ahead of ethereum’s long-awaited upgrade. MORE FROM FORBESRipple’s XRP Has More Than… Source link

The number of billion-dollar spot volume days in the bitcoin market is increasing, pushing prices higher. Ethereum’s transaction fees are also increasing as general cryptocurrency interest fuels demand. Bitcoin (BTC) trading around $18,883 as of 21:00 UTC (4 p.m. ET). Slipping 0.75% over the previous 24 hours. Bitcoin’s 24-hour range: $18,640-$19,474 (CoinDesk 20) BTC below its 10-day and 50-day moving averages, a bearish signal for market technicians. Bitcoin trading on Bitstamp since Nov…. Source link

Bitcoin Dominance hit 62% after a bounce from 61.5% over the past 36 hours. While it is not a perfect metric, altcoins need this number to continue to drop to enjoy further gains. Compound showed a bearish divergence between buying volume and price, while Monero still had bullish momentum on its side. Binance Coin bulls would look to keep the price above $32, in order to spring toward $35 over the coming days. Binance Coin [BNB] Source: BNB/USDT on TradingView The region of support at $32 can… Source link

Dado Ruvic/Reuters/Illustration Bitcoin could surge to $100,000 by the end of 2021, according to the crypto investor Anthony Pompliano. Pompliano, a cofounder of Morgan Creek Digital, told CNBC on Wednesday that demand for Bitcoin was rapidly exceeding supply and that the macroeconomic environment of low interest rates was “rocket fuel” for the cryptocurrency’s price. “I don’t think it’s that crazy to see a $100,000 bitcoin price by the end of 2021,” Pompliano said. “And if we… Source link